The American company Google, known primarily for its search engine and the Android operating system for mobile devices, today announced financial results for the third quarter, which ended for her September 30, 2011.
According to CEO Larry Page (Larry Page): « It was an excellent quarter in all respects. The company's earnings compared to the same period last year grew 33%, and amounted to slightly less than $ 10 billion in Social Network Google + is now open to all, and its number of users just overstepped the mark of 40 million, constantly filling its ranks with incredible speed, and this is just the beginning . "
Overall financial performance in Q3 :
Revenue was $ 9.72 billion, up 33% compared to the third quarter of 2010. Report of income prepared in accordance with generally accepted accounting practices (GAAP), on a gross basis, excluding the cost of attracting new traffic, which amounted to $ 2.21 billion, or 24% of advertising revenue.
Records Google, containing data on operating profit, operating margin, net income and earnings per share prepared in GAAP and non-GAAP basis.
Operating income (GAAP) for the period totaled $ 3.06 billion, or 31% of income. For comparison - in the 3rd quarter of 2010 the figure was $ 2.55 billion, or 35% of income. Operating income (non-GAAP) was $ 3.63 billion or 37% of revenue, whereas in the corresponding period in 2010 it was $ 2.93 billion, or 40% of income.
Net income (GAAP) for the period totaled $ 2.73 billion (in the 3rd quarter of 2010 the figure was $ 2.17 billion). Net income (non-GAAP) in the third quarter of 2011 totaled $ 3.18 billion (3rd quarter of 2010 the figure was $ 2.46 billion).
Earnings per share (GAAP) in the third quarter of 2011 was $ 8.33 on 327 million dilutive shares (in the 3rd quarter of 2010 this figure stood at $ 6.72 on 322 million dilutive shares). Earnings per share (non-GAAP) in the third quarter of 2011 was $ 9.72, while in the 3rd quarter of 2010 it was $ 7.64.
